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20121130
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CNBC 30
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CNBC
Nov 15, 2012 6:00am EST
they think we could find compromise. and we're also watching the situation in the middle east. israel launching a major offensive against palestinian militants in gaza. israeli aircraft tanks have pounded the coastal strip. in response more than 100 rockets have been fired. martin fletcher will join us with the latest. oil prices off by about nine cents. crude oil at this point 86.23. steve, a lot of ground to cover and you have more of our other headlines, as well. thanks for being here. >> good to be here. china's ruling communist party unveiling its new leadership team today. vice president xi jinping taking over from hu jintao. he'll head a team of seven members in the new politburo standing committee compared to nine. they'll have to tackle everything from social unrest to issues with domestic and global economics. back here in the u.s., reports from walmart and target. at 8:30, we get weekly jobless claims. october consumer price index. and the november empire state survey. in corporate news, bp expected to pay a record u.s. criminal penalty and plead guilty to criminal miscondu
CNBC
Nov 15, 2012 4:00am EST
three in israel. the u.n. warns netanyahu to avoid a new cycle of blood shed. and president obama throwing down a challenge to congress as he gets set to begin critical budget talks on friday. >>> i want to bring you the italian gdp figures. italy is just the latest p second quarter figures were revised higher to 0.7 contraction from 0.8. third quarter gdp looks like it's fallen 0.2% on the quarter. that's better than was expected. it was expected to fall by about half a%. it is down 2.4% on the year. we'll get the rest of the eurozone figures out at the top of the next hour. >>> also coming up, we'll be live in beijing with updates throughout the show as xi jinping it takes over as the head of the communist party. we'll be in frankfurt for a look at how that economy has been affected. gdp showing a slowdown for germany in the third quarter. and we'll hear from the former head of the council of economic advisers austan goolsbee on how the u.s. can avoid falling off the fiscal cliff. plus we'll take you live to tokyo with japan hit by election fever. the yen is falling as a repeate
CNBC
Nov 21, 2012 12:00pm EST
're following today. the ceo of israel based soda stream speaks to us live as a bus bombing rattles tel aviv. but first, let's get to the story all of wall street is watching and that's the trading scandal that is embroiling sac capital. kate kelly has the latest. >> thanks so much, scott. there's a lot of talk of course and one big question given this is just the latest development in an ongoing federal investigation of potential insider trading dealing with former employees of the firm, but yesterday's news which involved the arrest of a former sac employee appears to have drawn stevie cohen into the fray as well. although he is not named by name in the federal or s.e.c. complaint, it clearly seems to be he who discussed one of the trades involved with this former employee and in fact authorized the trade to take place although we don't know what cohen knew about whether the information was ill gotten or not. so the question now becomes what is the investor reaction? are people thinking of redeeming the money from sac or not? this is a firm that has really outperformed, especially in recen
CNBC
Nov 15, 2012 2:00pm EST
. >>> more breaking news happening in israel. we have learned that israeli ground forces are on the move toward gaza. it comes after rockets were fired at tel aviv from within the palestinian controlled region. it is 9:00 p.m. in tel aviv. air raid sirens are sounding. this is the first fitime that's happened since the gulf worse. 30,000 reservists have been called up. aaron, this is ramping up quickly. when does it end? how does it get resolved? >> good question. it's really old wine in new bottles. in '08 and '09 israel and hamas went at each other. confrontation lasted three weeks. large parts of gaza were destroyed. israelis in the south spent better part of their lives in shelters. almost 1,400 palestinians were killed. so this could escalate. the reality that's being driven by a lot of jihadis in gaza using high trajectory rockets. the israelis i think in the run-up to elections are under great pressure from those southern communities to stop the source of this rocket fire. in the end, i know it is risky to make predictions, but i don't think that either hamas or the israelis have
CNBC
Nov 14, 2012 3:00pm EST
, israel launches a massive military operation in response to hamas. >> gold also higher. one of those days where energy went higher and stocks went lower. we're setting lows right now. the dow down 126 points at the 12,629 level. the nasdaq and s&p are also moving lower. the nasdaq has moved into correction territory, down about 10% from its highs set earlier this year. the s&p is down sharply as well at this hour. so it was those fed minutes, the continued fears we may go over the fiscal cliff as the negotiations are being carried out so far in a very public arena right now. we are off the worst levels of the day, but will these concerns keep investors out of the market right now? let's talk about that, shall we? >> that's what we want to in today's "closing bell" exchange. neil, let me kick this off with you. good to see you. thanks for joining us. as somebody who's putting capital to work in this market, you see a market that is down 600 points on the dow industrials. just since the election, that's 4% declines since the election on november 6th. what do you want to do here? do you want
CNBC
Nov 19, 2012 6:00am EST
today as violence between israel and the palestinians escalated. tenks of course flaming concerns about supply disruptions. ands you can see, wti crude trading at 87.83. as for the broader markets, you'll see the the dow futures are indicated higher by about 70 points. s&p futures indicated by over 9 points. but this is coming as stocks are coming off four straight weeks of declines. at this point the dow is down more than 7% for the last month. largely because concerns about the standoff in washington over how to deal with the fiscal cliff. well talk about all of these issues at play with two special guest hosts. wharton professor of finance jeremy siegel and trusted american businessman steve forbes. both onset and ready to start this discussion at 6:00. first, though, andrew has a few of the top business headlines. >>> let's talk about some of the headlines this morning. cisco systems buying cloud network start up meraki for $1.2 billion in cash. it was founded in 2006 by members of m.i.t.'s laboratory for computer science. joe, i don't know if you take credit for any of that. bp pla
CNBC
Nov 19, 2012 9:00am EST
recovery. >> international pressure mounts for israel and gaza to agree to a cease-fire after a weekend of air strikes leave a dozen dead and hundreds injured. brent continues to climb with gold going higher. >> the president and congress will strike a deal to restore the fiscal cliff. over the weekend in asia, the president said he's confident we can get the fiscal situation confident and reached out to ceos including tim cook, warren buffett and jamie dimon. after top house and senate leaders say friday's meeting was constructive. we see headlines that may bring news to other companies. intel ceo paul otellini to retire. >> during this period where a lot of companies moved toward mobile, was not pioneer mobile. arm holdings to go a bunch of shares. this may be a positive -- viewed as positive for intel. >> they will conduct a search or process to choose otellini's successor. will consider internal and external candidates. he's been at the company for 40 years. only the fifth ceo in 50 years. a company has had long service from those in its ceo position. again, he will step down at the
CNBC
Nov 21, 2012 4:00am EST
to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. what's next? what's gone wrong? we'll be joined by jules in athens in a few minutes. but let's start off with
CNBC
Nov 8, 2012 7:00pm EST
by the american people. they will go forward. >> what about israel in this scenario? what are they going to do as the supreme leaders meet in tehran? >> israel has confidence that iran is not fair minded and is a predator state. and, therefore, no matter how long this is dragged out, iran will get more and more concessions before it becomes impossible. for example, one of the concessions i'm told is israel wants the united states to agree that a third party killed iranian nuclear scientist. they're looking for us to endorse their law gambit against israel. they want us on their side against israel. >> boy, i think this is pretty farfetched -- >> it is. it is farfetched, larry. >> john bachelor, thank you very much, my friend. hope to see you soon on the radio. >>> so, folks, the stock market slump continues on wall street. since president obama was re-elected the dow's lost about 450 points. my next guest says put fiscal cliff fears to bed because a deal will be reached. here now is ken hebner of capital growth management. ken, as always, it's great to see you. all right. i'll put the fiscal c
CNBC
Nov 19, 2012 1:00pm EST
attention focused on israel and hamas, maybe the markets and the world should focus on this rally in amman, jordan instead. see why this could shake up the reason beyond anyone's worst fears. >>> michelle is in for sue today at the nyse. welcome, michelle. >> hey, tyler. thanks. we got a nice triple digit rally today. going to start with a market alert on this big day for the markets. robert pisani, what's the story about why we're climbing today? >> nobody is around in congress to say anything bad about the fiscal cliff. everyone said, hey, we're looking good! president in bangkok said things are looking good. pelosi came out, representative pelosi, speaker of the house, said we can do a deal. everybody's happy. then they all left. there is a recess. nobody's coming back with a fiscal crisis. a week and a half. >> that means there's no bad news. >> what sectors were most beaten up in the recent election? tech, telecom, energy and utilities. what sectors are up the most today? tech, telecom, energy and utilities. >> coincidence? >> wall street. don't you just love the whole thing? >>> the
CNBC
Nov 21, 2012 9:00am EST
in israel with a bomb explosion on board a bus today and a rumored cease-fire that never happened. crude is up $1 as the secretary of state has arrived in cairo. a big day full of planes, trains and automobiles with tens of millions of americans set to embark on their holiday weekend journeys. our phil lebeau is in chicago with more on the holiday travel landscape. how painful is it going to be? >> you know, carl f you're traveling, you always need a little more patience thanksgiving weekend. for the airlines, they're keeping their fingers crossed because if you look at a map of the united states, you really don't see any major storm systems. that means if it's a smooth weekend, you talked about this being important to the profitability of fourth quarter, that's certainly good news for the airlines. take a look at the number of people who will be traveling this thanksgiving weekend. just under 44 million people. that's a slight increase from last year. the average amount they're spending, that's down 10%. less than $500. why? in large part it's because fewer people are flying. they're no
CNBC
Nov 15, 2012 9:00am EST
'm neutral on the stock, i think it's currently overvalued at its current price. >> israel launching a major defense against palestinian militants in gas sachlt we'll take you live to gaza, plus the impact it could have on the energy prices here in the u.s. >>> citi shares trading well below book value and several share holders requesting the board do a breakup of it's shares. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> let's get to a market flash. >> we're looking at some of the s&p lows today, a number of energy names there. a couple of headlines crossing th that -- on a civil complaint charge there, of course the utilities have been under a lot of pressure, guys, since
CNBC
Nov 15, 2012 1:00pm EST
on the network was with egypt and israel you're not going to interrupt the flow of oil, and therefore it isn't an oil event and therefore arguably not a market event. >> it may not be an oil event but i think it is clearly a global event that's going to cause investors to get nervous. what people get nervous, the first thing they want to do is feel safe. they want their money. >> kenny, we'll get back to you in a minute. >>> this one's going to cause a lot of outrage, i promise. the nation heading toward the edge of that fiscal cliff with sky-high deficits. while there's talk of cuts, cuts, cuts, a new report out today on waste in the federal government. eamon javers has details in washington. eamon? >> well, the new report is out from senator tom coburn, a republican from oklahoma up on capitol hill. in the report he accuses the department of defense of really becoming the department of everything. he says the pentagon's wasting a lot of money and he's found examples in the pentagon spending money on things like a study for a question of did jesus die for cling-ones, too. they've sponsored
CNBC
Nov 20, 2012 4:00am EST
meets in israel with netanyahu to try to see what she can do to get the cease fire in order. because this is day seven now of this conflict where it continues. overnight the israeli defense force targeted 100 different attacks within gaza by air and sea, targets they said were necessary to stop the flow of missiles and rockets out of gaza, underground bunkers, store am depots and even financial institutions for hamas. this morning militants within gaza responded with volleys of rocket there is to israel -- into southern israel in response to the overnight attacks. so there's a growing call for this cease fire particularly over 100 people killed within gaza now. 26 of those are children. so nearly a quarter killed has been children which is growing to the call of a necessary cease fire to figure out how these two sides can come to terms to stop this violence for now. >> okay on. thanks very much, chapman. shareholders of glencore have approved the deal with ex-trxst. we'll get more on that. but right now let's get the global markets report in singapore. >> composite slipped to a seven
CNBC
Nov 20, 2012 9:00am EST
're still watching what is happening in israel and gaza. the conflict there and uncertainty remains. focal point of many traders. the reason why perhaps we're not pulling back even further although many are anticipating we are going to see an increase in u.s. crude oil supplies when the energy department reports its numbers tomorrow. we'll monitor israel's situation because that's likely to have a very important effect on the oil price in this session. gold continues to trade in a range here. ubs saying there needs to be a significant breakout in this range for oil to have true momentum and on this short holiday week, it appears that many traders are just trying to cover their short positions and not really taking out new bets a at the moment but there are some taking out significant bets and there have been reports that george and john have added to their gold holdings. we have reported that gold etf holdings are at record levels. there are many that want to be in this complex but of course still right now we are looking at a slight pullback in the gold price right around 1730 an ounce. >
CNBC
Nov 20, 2012 3:00pm EST
between israel and gaza. sharon epperson is here with details. >> egyptian officials say there are talks ongoing to reach a truce in gaza. the language is going to be key here and whether or not there's a comprehensive deal, well, that remains to be seen. we are waiting to see whether or not a cease fire is officially reached by the end of today. that was the deadline that was set. obviously, these oil markets are anticipating that some type of deal will be reached. as you look at decline we've seen in the price of crude oil, both brent and wti erasing all of yesterday's gains. we're also looking at the supply picture, which may be weighing on u.s. oil prices as well. we're going to get a report from the energy department tomorrow about crude supply situation. it's expected to show an increase for the week. we're also going to get tomorrow the supply situation for natural gas, a day early because of the thanksgiving holiday. >> all right, sharon. thanks so much. meanwhile, shares of consumer electronics retailer best buy down again today. down about 13% today alone after a massive earnin
CNBC
Nov 14, 2012 9:00am EST
of israel that israel has conducted a military action killing a senior hamas leader. an air strike in the gaza area killed the head of the hamas military. one of the things a number of traders heard about that earlier but one thing is an israeli military spokesman says this is the start of a broader operation. so that is one of the things. it seems to have the market a little bit on edge and has them bidding up oil at this hour. the one trader i talked to said between the tensions between israel and hamas if we'll see that spiking up obviously israel and syria over the last few weeks, that's better than israel and iran. back to you. >> that's true. bertha, thank you very much for that. congratulations if you are hold cisco shares coming into this session. they are experiencing a good bump on last night's results. we'll talk about what they are doing right and whether risks lie ahead next on the program and who would be affected the most if we go over the fiscal cliff? we'll get up close and personal with the cliff and as we head toward the break, another fiscal cliff fact. >> if la
CNBC
Nov 23, 2012 4:00am EST
. they approached the border with israel and it imposes a 1,000 foot buffer zone. but part of the cease fire deal was that after 24 hour, israel would loosen up some of the restrictions on its border, as well as some of its crossings. it seems as if this was a testing of the stipulation and what happened was a gun battle there on the border. already on on both sides, whether gaza or israel, there is not a lot of faith that the cease fire is going to hold. here in this country especially in the south, there was can it is investigation that the deal w distress that the deal was made in the first place. on the gaza side, there was a celebration what they're calling a victory in this conflict. >> stephanie, thank you for that. still to come, draghi is due to speak at the conference in frankfurt. when we come back, we'll hope that he'll be speaking. s if . >>> surprise increase in business sentiment in germany quells fears over a crisis. euro climbs just a little bit after the data. the latest draft proposal falls short of demands for spending cuts would i geby germany and b. and while an agreement in
CNBC
Nov 16, 2012 6:00am EST
of mark grant's stuff yesterday about the tanks on the border in israel and you have the fiscal cliff and you've got europe and -- >> the other thing that we're watching the market and we can't own individual stocks on things, but i have been putting money in the kids' college funds. because watching the climb where you think, okay, some day it will break and then i'll put money in, and when it did finally start to break, i was like okay let's put money in the kids' college funds and feel better about that. just mutual funds . >> remember the mayans. it's december. 200 rockets be fired from -- >> so are you calling for a faber style -- >> he scared me, too. i don't want to be left with 50% of what i have now. do you? >> not at all. but maybe that's a good reason not to by in. >> there's nowhere to hide. >> all the people selling now and going into treasuries. if ire worried we go over the fiscal cliff and we get our ratings downgraded again -- >> ever since the election, i keep trying to just focus right on what we're talking about and that is this high end marginal rates on the 250 a
CNBC
Nov 21, 2012 3:00pm EST
.25 points. fractional move there at 1379. meanwhile, cease fire between israel and hamas announced earlier today. we saw an immediate reaction in the market. take a look at this chart. the dow rallying as soon as the news hit the tape. >> we saw oil go down, as a matter of fact. things are coming back here. let's get to it with our next guests in today's close cl"clos" exchange. theoretically, the cease fire is an hour old. markets responded initially, but they've sort of regressed after that. you just saw the dow jones industrial average intraday. we saw a move to the upside. don't call it a super rally, but certainly definitive. the markets had been very nervous about whether the situation could eventually explode into something far bigger in the middle east. there's the intrasession for the dow as well. the news came along with secretary of state hillary clinton announcing that the egyptian foreign minister and the minute that happened, that's when we started to see the appreciation. again, we wanted to know this was not going to become something far wider in the middle east. we knew th
CNBC
Nov 21, 2012 4:00pm EST
fire was announced after israel and gaza. take a look at how we're settling the day on this market. up 48 points. volume on the light side, as you can see there. very light here as we approach the market closing tomorrow for thanksgiving and a short close on friday. nasdaq, s&p 500 also fractionally better on the session. more on the markets coming up. first, we have more breaking news as the bankruptcy judge green lights hostess brands to begin liquidation. the ceo of hostess brands joins me right now in a first-on cnbc interview. good to have you on the program. thanks for joining us. >> sure, maria. >> well, tell us, what happened first yesterday at final mediation talks? was a deal ever close? >> you know, the judge has a gag order. he'll have my head if i talk about what went on during the mediation, but i think that he wanted to make sure that he did everything in his power to try to find a deal, if there was one to be found. you know, i appreciate the fact that he went through that effort. i was hopeful, but i think realistically that was going to be a tough thing to pull off. >
CNBC
Nov 26, 2012 7:00pm EST
with israel and hamas, okay? then the next thing we hear is he's giving himself, morsi that is, he's giving himself all these new powers and knocking down the judiciary which kind of, you know, smacks of authoritarianism. i thought the timing was very unfortunate, and i think a lot of people in the senate are going to make a big deal in the senate about it. >> clearly they don't have to make a big deal because morsi has already recognized he overstepped himself and is now pulling back. i don't know what the longer term will be, but it did show that he's a new power that has to be reckoned with in the israeli/arab dynamic in a way that as we're falling back, i mean, president obama has, unfortunately, lost credibility. morsi had already cut this deal for the cease-fire and he waited until secretary of state was there because no one wanted to embarrass the united states, but we weren't pivotal to it, so president obama has -- has an uphill climb ahead of him if he's going to get back in a position of power in the israeli/arab dynamic. >> all right. we'll leave it there. many things, former se
CNBC
Nov 15, 2012 3:00pm EST
discovered. they also a studied slang on twitter. dod overhead is larger than the gdp of israel and the uae. he recommends $67.9 billion in savings in ten years are cut out of the pentagon budget by going afr some of the things he lists here. so a lot of wasteful spending here being highlighted over at the pentagon by a republican which is interesting. >> all right. eamon, thanks very much. maria. >> thank you so much. as you just heard, billions of dollars being wasted just in the defense department alone. yet, it is the tax revenue side of the fiscal fight that's getting all the attention, bill. >> it's always a time to put spending cuts front and center in this debate. let's ask someone who's spent a lot of time at negotiating table in issues like this. congressman barney frank joins us now. welcome back. >> thank you. >> big picture first. i'm not saying everybody was singing couple buy ya after the election, but it sounded like they were more willing to compromise. the rhetoric seems to have picked up. do you sense this is going down to the wire? can they come to a compromise? >> yes a
CNBC
Nov 20, 2012 1:00pm EST
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CNBC
Nov 30, 2012 6:00pm EST
in israel. the fundamentals are good. my friend who does breakout stocks tells meet fundamentals are terrific. i am a buyer not a seller. a lock. let's go to lee in california. lee. >> caller: mr. cramer, thank you very much for all the wisdom you share with us. >> sure do try. what's going on? >> caller: my stock is valley. i've been wrong and with the stock down should i hold, fold, double down? >> this used to be 28, 20, 32. it's been cut in half. we both think that at $17 this one is the chip. this is the way to play china because it's a huge iron work company. i want to own vale. let's go to terrence in new york. >> caller: hey, jim, i'm doing a portfolio for my professor alexander. i just want to know about general dynamics. >> i think general dynamics is a winner. why i do say that? i think we will avoid the fiscal cliff. and $66 stock could go higher. that ladies and gentlemen is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade. >> believe it or not, i actually used to be a mountain climber. what do you think? always had the best
CNBC
Nov 14, 2012 2:00pm EST
like turkey and jordan that immediately border syria and have an impact -- and obviously israel which is having already grave concerns as we do about, for example, movements of chemical weapons that might occur in such a chaotic atmosphere. and that could have an impact not just within syria but on the region as a whole. i'm encouraged to see that the syrian opposition created an umbrella group that may have more cohesion than they've had in the past. we're going to be talking to them. my envoys are going to be traveling to various meetings that are going to be taking place with the international community and the opposition. we consider them a legitimate representative of the aspirations of the syrian people. we're not yet prepared to recognize them as some sort of government in exile, but we do think that it is a broad-based representative group. one of the questions that we're going to continue to press is making sure that that opposition is committed to a democratic syria, an inclusive syria, a moderate syria. we have seen extremist elements insinuate themselves into the oppositio
CNBC
Nov 20, 2012 6:00am EST
to follow the latest developments out of the middle east. israel and hamas exchanging more fire. the defense forces claiming to have targeted 100 gaza sites. the u.s. secretary of state hillary clinton is on her way to the middle east for talks with officials in a bid to try to end the deadly crisis. we've been watching oil prices, as well. and after sharp gains yesterday, you can see oil prices pulling back about 27 cents, still just about $89 for wti crude. we will have a live report from our nbc colleagues on the ground in the middle east coming up in the next half hour. >>> let's talk about some of the main market events of the morning. actually today fed chairman ben bernanke's speech at the economics sclub of new york is coming up at 12:15 eastern time. traders will be listening no any comments on the central bank's operation twist program and discussions about changing how the fed communicates about interest rates. operation twist expires next month. and there is some speculation the fed will continue making asset purchases by expanding the size of its $40 billion a month quantitate o
CNBC
Nov 26, 2012 9:00am EST
're looking at oil prices that are lower. the truce is holding between israel and hamas and that's something that's perhaps putting some pressure on prices. the cease-fire holding and the fact that we are looking at some weakness here in the euro and traders continue to eye what is happening there in the eurozone over the greek debt deal. we're also watching of course the protest that erupted over a three-day period in egypt and that could lend some support to the oil price going forward. we are watching metals market which is somewhat lower here. gold prices after the significant rally on friday seem to be in this range between 17.46 and 17.55. we're looking at copper prices and there's a lot ahead for this market to watch namely what's happening in china and pmi data coming out later in the week. the big story in commodities definitely the slide that we're seeing in natural gas down about 4%. warmer temperatures ahead for the month of december. that is what's pressuring the nat gas market. back to you, david. >> now i want to resist a story we brought to you on friday and it continues. not
CNBC
Nov 12, 2012 9:00am EST
and we have geopolitics and israel saying they won't take direct hits from syria. that is something that the market has been watching very closely as well. the big story that has long-term ramifications for the u.s. oil industry and for the global energy trade is definitely the report today from the international energy agency where they said that they believe that the u.s. will become the top oil producer in the world by 2020. overtaking saudi arabia. overtaking russia and the fact that u.s. will be self-sufficient by 2035. this is a huge sea change in the debate that we've been hearing about the dependence on foreign oil, about green energy and the fact that we're looking at this share revolution is having an impact not only on oil markets but natural gas markets here in the u.s. and international energy agency highlighting this in their report. back to you. >> thank you very much. shares of disney getting an upgrade after getting battered last week. citi upgrading from buy to neutral. they are saying that lucas films acquisition will weigh short terms on profits but it paves the
CNBC
Nov 7, 2012 5:00am EST
, as far as i can tell. it's the only thing they agree on. >> israel, not so much. >> if you were in europe, misery loves company. >> there will be nothing left, but we'll give you everything. join us. join us so we don't feel so bad about ourselves. >> did you read the op ed in the journal this morning? >> i got in at ten until. >> about givers and takers. they said this was not an election that was ultimately about givers and takers. >> it was about social issues. >> but the givers and takers thing i thought was probably the most remarkable line given that it was "the wall street journal." >> so they're backtracking off of that? >> on that piece. the republic will survive piece? >> yeah, the republic will survive piece. i have yet to start paying attention to "the wall street journal" editorial page and i'm not going to start now. >> right now, let's go to hampton pearson joining us from mitt romney's headquarters in boston. hampton, what can you tell us? >> well, becky, it is a proverbial morning after, and as we all watched the battle for the electoral college unfold last night, what wa
Search Results 0 to 29 of about 30